Exeedme

Halal Rating :
Comfortable
Last Price $0.0092 Last updated:
Rank 2005
1D Change -6.56 %
Market Cap $917,726
Circulating supply 100,000,000
Maximum supply 100,000,000

Crypto Overview

Categories
  • Gambling
  • Collectibles & NFTs
  • Gaming
  • DAO
  • Ethereum Ecosystem
  • Launchpad
  • Metaverse
  • Polkastarter
  • Polygon Ecosystem
  • Play To Earn
  • Web3
  • BNB Chain Ecosystem

Purpose and Utility

Exeedme is a blockchain-powered gaming platform that aims to allow gamers to earn rewards through competitive gaming and tournaments. The XED token serves as the native utility token for the platform, used for tournament entry fees, rewards distribution, and governance.

Business Model Analysis

The platform's business model revolves around competitive gaming and skill-based tournaments, where players can earn rewards based on their performance. This model appears to be based on legitimate competition rather than chance-based gambling. The platform focuses on popular competitive games like CS:GO and League of Legends.

Real-World Adoption

The platform has shown limited adoption since its launch. While there have been some tournaments and events hosted on the platform, the overall usage remains relatively modest. The project has established partnerships with various gaming organizations and esports teams.

Development Activity

The project maintains active development, with regular updates to their platform and infrastructure. The team continues to work on expanding the game library and improving the user experience.

Token Distribution

The token distribution includes allocations for the team, advisors, and early investors, with vesting periods in place to prevent immediate dumping. The project maintains transparency regarding token allocations and vesting schedules.

Rating Justification

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